Tsm Has Decided To Cut Ties With Ftx Entirely, Following Recent Scandal.
The main sponsor of tsm, ftx have today filed for bankruptcy. Tsm(also known as tsm ftx, formerly known as team solomid) is an americanprofessional esports organization. Cryptocurrency exchange ftx, which penned a naming rights deal with tsm in 2021, has filed for bankruptcy protection in the united states.
The Cryptocurrency Exchange Ftx, A Major Sponsor Of Esports Team Tsm, Has Announced It Has Gone Bankrupt And Plans To File For Chapter 11.
In a brief statement from company. In a press release published today (november 11 th 2022). In a statement on twitter, ftx said that.
Tsm Has Officially Suspended Its Partnership With Ftx, Effective Immediately.
Massive cryptocurrency exchange platform ftx. Tsm's $219 million partnership with ftx was one of esports largest sponsorship deals in the past few decades. The ftx founder gave more than $990,000 to candidates in the last election cycle, according to opensecrets, and another $38.8m to outside groups.
The Long Plight Of Ftx Is Far From Over, And The Esports Organization And Former Naming Partner Has Had.
Cryptocurrency exchange ftx filed for bankruptcy in the united states amid a $8 billion usd shortfall, following which multiple sponsorship deals including its deals with f1. Tsm isn't the only sports organization to sever ties with ftx over the past week: In a statement, tsm said it will.
November 16, 2022 @ 11:01 Am By Jd Alois.
Tsm, an esport firm, has halted its partnership with bankrupt crypto exchange ftx. Though in a strange twist of fate,. Tsm has recently released a statement regarding its future with ftx, stating that the esports organization is in no danger of shuttering alongside the crypto exchange.